If the 315's are 30" tall the converter is slipping 14.75%! Looking at the split times your dropping off on the topend. Running a 7.45 1/8th should be +- 11.69 1/4 mile.
What's your fuel system look like? Your definitely at the performance level where the fuel system can hold you back easily. JD
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Good luck to the new owner of the Ventura II! Sold the car after 13+ years. Look for it on the Hot Rod Power Tour in the future as it's currently being re-configured as a Pro-Touring ride! 
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